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CYH Cybit Hldgs

73.00
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cybit Hldgs LSE:CYH London Ordinary Share GB00B04QS651 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 73.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Contract Announcement

27/02/2007 7:05am

RNS Non-Regulatory



CybIT Holdings PLC
27 February 2007

27 February 2007



Cybit Holdings plc



Aberdeen City Council signs #221,000 order for Cybit's internet-based telematics
solution



Cybit (AIM: CYH), the UK's leading provider of internet-based telematics, has
strengthened its presence in the public sector with a #221,000 contract to
supply Aberdeen City Council with a Fleetstar-Online solution to manage more
than 90 specialist vehicles.



The contract, won after a competitive tender, follows a successful six-month
trial with Fleetstar Online which identified that annual savings of more than
#5,000 per vehicle could be achieved with a full implementation.



Aberdeen City Council will deploy Fleetstar-Online to manage 92 vehicles in its
Refuse Department, including general refuse trucks, recycling vehicles, street
cleaners and road sweepers. If annualised savings of #5,000 per vehicle are
achieved, the deployment could pay for itself in less than six months.



Fleetstar-Online is Cybit's scalable Internet-based telematics solution that
features real-time vehicle tracking, exception reporting, replay mode,
customised reports, mileage information, SMS messaging and live traffic
information. Fleet vehicles are fitted with a small electronic in-vehicle-unit
(IVU) which is tracked by GPS in real-time and then transmits data to Cybit's
online control centre. It provides companies with a cost-effective
internet-based fleet management solution, which offers users anytime, anywhere
access to the system via a standard web browser.



The Council has opted for an extensive solution including GPS/GPRS vehicle
tracking to ensure that vehicles are used at maximum efficiency, thus reducing
fuel costs and unnecessary driver overtime.



Mark Ansell, Business Analyst at Aberdeen City Council says:



"We are in the middle of a long-term project to enhance refuse collection and
recycling in the city, and the over-arching goal is to provide an improved
service to the citizens of Aberdeen. Cybit helps us to do that through its
Fleetstar-Online solution, as it addresses the specific needs of our operation
and makes every vehicle more productive and efficient."



Cybit is increasingly addressing the needs of specialist vehicles in the public
sector, including refuse collection, road gritting and gulley emptying. With
enhanced development capabilities, Cybit can design bespoke solutions that
demonstrate evidence of activity in each of the above sectors. A standard
vehicle tracking device is fitted to a vehicle and linked to specialised
equipment via a manufacturers interface e.g. a gritter control unit indicating
gritter activity.



Enquiries:



Cybit
             Tel: 01480 389100

Richard Horsman, Chief Executive Officer



College Hill
           Tel: 020 7457 2020

Carl Franklin



Notes to Editors:



Cybit



Cybit is a global force in Telematics, operating within three core sectors:
Internet-based vehicle Telematics solutions; Economic Exclusion Zone (EEZ)
Management; and Private Mobile Radio (PMR) based asset tracking and precise
positioning solutions.



In the vehicle Telematics sector, Cybit is one of Europe's leading Telematics
Service Providers (TSPs). More than 1,500 business to business clients use our
fleet and asset management solutions to manage in the region of 35,000 assets.
Solutions include in-vehicle technologies, work flow management and
internet-based monitoring and reporting software. The company also provides
consulting services to advise on legal issues such as duty of care and working
hours.



Cybit is also a global leader in the field of EEZ fisheries management, tracking
many thousands of fishing vessels on a daily basis. The company provides vessel
monitoring and catch management solutions for many of the world's major fishing
nations. As well as the UK and Irish Governments, Cybit helps to manage valuable
fishing stocks for emerging nations such as Ghana, Namibia and Mozambique.



Cybit's newly-acquired PMR business provides asset-tracking solutions for both
maritime and land-based applications including exploration and mining. Our
precise positioning solutions assist in the location and exploitation of oil,
gas and mineral reserves around the globe.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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